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$232,000   Price Analysis
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4702 Michigan Rd
Indianapolis, IN 46228
2 bed 1 bath 1,124 SqFt ($206/SqFt)
0.23 acre lot. Built 1850
Listed 2024-05-17, Taxes $2,308
Ⓧ USDA Ineligible
due to location

near Indianapolis

A piece of Indiana History

The Toll House , provides you with the charm of an 1850's home and the remodeled necessities of today's living. Updated kitchen with gas oven/range, covered porch, separate formal dining room, living room with 2 beds upstairs. Huge backyard for gatherings or urban homesteading with a fire pit gathering area. Ths property is nestled on Michigan Rd. with perfect access to the new RH Gallery, Newfields (Indiana Museum of Art), walking distance to the International School of Indiana (ISI), convenient to Indiana Moto r Speedway, Downtown Indy and Broad Ripple.

It has served well as a rental unit to Butler University, IU Med School and Marian University students, ISI staff and a successful Airbnb location with easy access to I 65. There are (2) parcels in this sale - 490610109009000800 and 490610109010000800. TV bracket stays with home. TV does not convey. Portable Simply Safe monitoring system does not convey. Fireplace is faux and non-functional. 24 hour window for offer response needed. Roof to be replaced prior to close with solid and strong offer, per the pre-approved materials by Indiana Landmarks, which are basically the same type and color shingles that are already on the home.


Presented by Sarah Kimball at
F.C. Tucker Company - Keystone at the Crossing.
Listing Agent Photo

Property MLS #21978338 from MIBOR

Bedrooms: 2
Bedrooms On Upper Level: 2
Primary Bedroom Dimensions: 14 x 15
Bedroom 2 Dimensions: 9 x 12
Primary Bedroom Level: Upper
Bedroom 2 Level: Upper

Total Rooms: 5
Living Room Dimensions: 13 x 15
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Hi-Speed Internet Availbl

Dishwasher
Dryer
Disposal
Gas Water Heater
Laundry Connection in Unit
Gas Oven
Refrigerator
Washer
Laundry Features: Main Level

Cooling Features: Central Electric
Heating Features: Gas

Dining Area Description: Formal Dining Room, Separate Room
Dining Room Dimensions: 12 x 12
Dining Room Level: Main
Kitchen Dimensions: 11 x 12
Kitchen Features: Kitchen Some Updates
Kitchen Level: Main

Outdoor Fire Pit
Fencing: Partial, Front Yard
Patio And Porch Features: Covered Porch

Additional Parcels Description: 490610109009000800
Additional Parcels: Yes
Lot Description: Busline, Mature Trees
Lot Size Acres: 0.23
Lot Size Square Feet: 10018

Parking Features: Gravel

High School District: MSD Washington Township

Crooked Creek Elementary School is a public elementary school located approximately 1.2 miles away.
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Westlane Middle School is a public middle school located approximately 3.1 miles away.
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North Central High School is a public high school located approximately 5.8 miles away.
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International School Of Indiana (Pk-3) is a private elementary, middle and high school located approximately 0.5 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4903 - Marion - Washington
Source Neighborhood: Cold Spring Estates
Parcel Number: 490610109010000800
Postal Code Plus 4: 2329
Subdivision: Cold Spring Estates
Township: Washington
Property Subtype: Single Family Residence
Lot Number: 490610109010.000800 & 490610109009000800
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$56,000 + $22,000
$78,000
$2,308
2021$56,000 + $22,000
$78,000
$2,130
2020$56,000 + $22,000
$78,000
$2,019
2019$55,600 + $22,000
$77,600
$1,893
2018$58,200 + $22,000
$80,200
$1,910
2017$53,400 + $22,000
$75,400
$1,778
2016$52,900 + $22,000
$74,900
$1,655
2015$52,100 + $22,000
$74,100
$1,534
2014$50,600 + $22,000
$72,600
$1,496
2013$50,100 + $22,000
$72,100
$1,499
2012$48,800 + $22,000
$70,800
$1,427
2011$52,700 + $9,200
$61,900
$1,185
2010$52,700 + $9,200
$61,900
$1,337
2008$52,700 + $22,000
$74,700
$1,379
2008$54,300 + $22,000
$76,300
$1,379
2006$53,600 + $8,900
$62,500
$786

Price Changed 2024-07-09
$232,000
MIBOR
Listed 2024-05-17
$240,000
MIBOR

Total Square Feet Living: 1124
Year Built: 1850
Construction Materials: Wood
Direction Faces: East
Foundation Details: Cellar
Levels: Two
Property Age: 174
Property Condition: Updated/Remodeled
Total Area Main: 676
Total Area Upper: 448
Architectural Style: Farmhouse

Cable Available
Gas Nearby
Septic System
Water Connected
Water Source: Municipal/City

Other Equipment: Sump Pump
Click Thumbnail Images To View Full Size
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kitchenkitchenkitchenbathroomdining_room
dining_roomliving_roomliving_roombedroombedroom
bedroomlaundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.